Adobe Inc. $ADBE Shares Sold by Bradley Foster & Sargent Inc. CT

Bradley Foster & Sargent Inc. CT lessened its holdings in Adobe Inc. (NASDAQ:ADBE) by 13.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 64,984 shares of the software company’s stock after selling 10,421 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in Adobe were worth $22,923,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. LSV Asset Management raised its position in shares of Adobe by 350.0% during the 2nd quarter. LSV Asset Management now owns 72 shares of the software company’s stock worth $28,000 after acquiring an additional 56 shares in the last quarter. Horizon Financial Services LLC boosted its holdings in Adobe by 4,000.0% in the second quarter. Horizon Financial Services LLC now owns 82 shares of the software company’s stock valued at $32,000 after purchasing an additional 80 shares in the last quarter. Total Investment Management Inc. purchased a new position in Adobe in the second quarter valued at approximately $35,000. Heartwood Wealth Advisors LLC purchased a new position in Adobe in the third quarter valued at approximately $35,000. Finally, Howard Hughes Medical Institute acquired a new stake in Adobe during the second quarter worth approximately $36,000. 81.79% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Adobe

In other news, CFO Daniel Durn sold 1,646 shares of Adobe stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $294.85, for a total value of $485,323.10. Following the sale, the chief financial officer owned 41,995 shares of the company’s stock, valued at $12,382,225.75. The trade was a 3.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.16% of the company’s stock.

Key Headlines Impacting Adobe

Here are the key news stories impacting Adobe this week:

• Positive Sentiment: Analysts arguing the tech retreat is a buying opportunity — a MarketBeat piece frames the current pullback as a late-stage bull market buying window, which can attract value-minded and momentum buyers into beaten-down tech names like Adobe. The Late-Stage Bull Market Is a Buying Opportunity for Tech (ADBE)
• Positive Sentiment: OpenAI ad tests include Adobe among participating retailers/partners — potential upside from new ad channels or product integrations if these tests expand into monetized formats. OpenAI Taps Retail Giants for First Wave of ChatGPT Ad Testing
• Neutral Sentiment: Reported short-interest spike data is effectively meaningless — the February short-interest report shows zero or NaN values, indicating no clear build-up of short pressure from public filings. No evidence of a material short squeeze risk. (internal short-interest summary)
• Negative Sentiment: Rapid recent selloff raises questions about AI disruption and competitive threats — Forbes notes ADBE has fallen ~17.7% in 21 trading days and asks whether the weakness is transient or signals deeper narrative risk from generative AI competitors. How Low Can Adobe Stock Go?
• Negative Sentiment: Multiple analyst downgrades citing slowing revenue growth and rising AI-tool competition — coverage highlights increased scrutiny on Adobe’s growth durability and has been a headline driver of selling pressure. Adobe Downgrades Spotlight AI Competition And Questions Around Growth Durability
• Negative Sentiment: Stock hit a 52-week low during the pullback — a technical negative that can trigger further selling or short-term caution among investors. Adobe stock hits 52-week low at $251.00
• Negative Sentiment: Competitive intensity rising in creative and AI tools — Canva’s recent acquisitions and broader startup activity signal intensifying competition in areas adjacent to Adobe’s products. Canva acquires Cavalry and MangoAI
• Negative Sentiment: Analyst pieces warn of “value trap” and lack of near-term catalysts — several commentaries argue upside is limited until Adobe proves durable growth versus new AI entrants. Adobe Looks Like A Value Trap

Wall Street Analyst Weigh In

ADBE has been the subject of several research analyst reports. Wall Street Zen cut shares of Adobe from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. HSBC set a $302.00 price objective on shares of Adobe in a research note on Friday, February 13th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $430.00 price objective on shares of Adobe in a report on Thursday, December 11th. Barclays reissued an “overweight” rating and issued a $415.00 target price on shares of Adobe in a report on Friday, December 5th. Finally, Wells Fargo & Company decreased their target price on Adobe from $470.00 to $420.00 and set an “overweight” rating for the company in a research report on Thursday, November 20th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $392.76.

Adobe Stock Performance

Shares of ADBE stock opened at $255.17 on Wednesday. The stock’s 50-day moving average price is $305.38 and its 200 day moving average price is $330.43. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $104.75 billion, a PE ratio of 15.27, a price-to-earnings-growth ratio of 0.97 and a beta of 1.51. Adobe Inc. has a 52-week low of $244.28 and a 52-week high of $453.26.

Adobe (NASDAQ:ADBE) last announced its earnings results on Wednesday, December 10th. The software company reported $5.50 earnings per share for the quarter, beating the consensus estimate of $5.40 by $0.10. Adobe had a return on equity of 61.28% and a net margin of 30.00%.The company had revenue of $6.19 billion for the quarter, compared to the consensus estimate of $6.11 billion. During the same period last year, the business posted $4.81 EPS. The company’s revenue was up 10.5% on a year-over-year basis. Adobe has set its Q1 2026 guidance at 5.850-5.900 EPS and its FY 2026 guidance at 23.300-23.500 EPS. As a group, equities research analysts forecast that Adobe Inc. will post 16.65 EPS for the current year.

About Adobe

Adobe Inc, founded in 1982 by John Warnock and Charles Geschke and headquartered in San Jose, California, is a global software company that develops tools and services for creative professionals, marketers and enterprises. Under the leadership of CEO Shantanu Narayen, who has led the company since 2007, Adobe has evolved from a provider of desktop publishing tools into a cloud-centric provider of digital media and digital experience solutions.

The company’s core offerings are organized around digital media and digital experience.